Japan: Nippon Steel revamps scrap procurement ahead of EAF expansion
EAF expansion supports low-carbon steel production Digital system to streamline scrap purchasing process Nippon Steel is restructuring its scrap procurement...
Iron & Steel
US: RMDAS scrap indices decline marginally in July 2026
HMS and shredded scrap indices record monthly declines Weak steel demand keeps domestic scrap market subdued The RMDAS ferrous scrap...
China’s stainless steel scrap imports surge 87% y-o-y in H1 CY’26: GACC
June imports surge 147% amid stronger buying Japan top supplier; Thailand records fastest growth China's imports of stainless steel scrap...
Japan: Tokyo Steel forecasts 90% decline in net profit in FY27
FY27 net profit forecast revised to JPY 1 bn ($6.15 mn) July-Sep operating loss expected to narrow sequentially Tokyo Steel...
15 injured as bus falls into ditch in Meherpur
At least 15 passengers were injured when a local bus carrying passengers lost control and fell into a ditch on...
China: Iron ore fines prices remain firm d-o-d
Persistent supply concerns, limited spot offers drive up prices Demand remains weak amid sintering restrictions on mills Iron ore fines...
Weekly round-up: Subdued steel demand weighs on imported ferrous scrap markets
Japan's export offers soften amid weak demand from Vietnam Offers to Pakistan rise on higher freights despite cautious buying Global...
India: Strong earnings projected for major steel mills in Q1 FY27 but softer prices could erode Q2 margins
Ebitda of top four mills to rise by 5-10% y-o-y in Q1 Improvement in realisation offset by higher coking coal...
India: Odisha iron ore fines index remains stable ahead of OMC auction
OMC schedules auction on 20 July for 2.5 mnt iron ore Lumps prices rise INR 100/t w-o-w on strong demand...
India: OMC keeps chrome ore offer prices largely stable for upcoming auction
Offer volume decreases 3,800 t m-o-m Auction offers reflect stable market dynamics stability Odisha Mining Corporation (OMC) has scheduled a...
